CLE 0.00% 0.1¢ cyclone metals limited

ann out , page-11

  1. 3,479 Posts.
    lightbulb Created with Sketch. 17
    Well guys

    What is this company worth now it has sold Cape Lambert project and holds the south tenements.

    Aparently it was up 15% in London (now only 7%) so we could reasonably expect the price to peak at about 69cents. Remember that in September, holders will get a special divvy of about 20cents. So really this should be added on as a premium to the share price. Which realistically gives the value of 89cents. Of course this will fluctuate over the following 2 months and dependant on any acquisitions and drilling results in the meantime, the shareprice can go either way.

    20cents divvy for a 60c stock is awesome, even if it is a one off.

    I agree 85-95c will be a good starting point tomorrow. From there, who knows.
 
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